SVB (Silicon Valley Bank) – Cautionary tale or just plain dumb?

Greensill

The Essence of Risk Management – Lessons from Greensill Greensill. History does not repeat, but sometimes it rhymes. And then sometimes it does actually repeat. Long story short, magician financier reinvents a neglected area of finance, adds some secret sauce and hey presto, turns BBB or worse assets into AAA assets that yield AA returns. […]

May 7, 2021, by administrator

CP86

CP86: A Risk Managers Perspective So, it is finally here – the much-vaunted Central Bank of Ireland (“CBI”) feedback on the implementation of CP86[1]. From a purely risk management perspective the path this leads ManCos/UCITS and AIFMs down is interesting. It is widely acknowledged in the Irish funds industry that any application to set up […]

November 4, 2020, by administrator

Chief Financial Officer Position

This role of Chief Financial Officer (CFO) is responsible for the planning, implementation and managing of the finance, HR, Legal and Office Manager activities of the company, including business planning, budgeting, forecasting and negotiations. The aim of this role is to assist the CEO in growing the company, increasing shareholder value and ensuring the company […]

February 4, 2020, by administrator

Illiquidity

There is nothing like jumping on a bandwagon to validate one’s internal prejudices, however it must be admitted that some of the criticism of the Woodford fund management process is entirely justified. Firstly, given the mostly rational stance that adherence to long term investment principles is predicated on rising asset values, requiring investors to be […]

June 18, 2019May 30, 2022, by administrator

PRIIPs – A Primer

Background As of January 1, 2018 the Packaged Retail Investment and Insurance-based Products (PRIIPs) regulations came into force. PRIIPs extends the consumer protection standards introduced by MiFID II to insurance-based investment products. The objective of the regulations is to increase the efficiency of financial markets and to make consumers more financially aware of product they […]

May 25, 2018, by administrator

Annex IV – too early to critise?

The latest ESMA Report on Trends, Risks and Vulnerabilities (No. 1, 2018)[1] has some interesting comments on the workings of annex IV reporting. Approximately 60% of the AIFs managed or marketed in the EU by authorised asset managers are reporting. According to ESMA “Not all of the data currently reported show an adequate level of […]

May 18, 2018, by administrator

Data Analyst Position

Requirement: Due to ongoing expansion of our business we have an immediate need for a data analyst. Financial Data Analyst Possibly you are bored working in a fund administrator stamping out net asset values. Perhaps long days in fund accounting, or auditing financial statements is making you feel the need to itch that scratch and […]

May 15, 2018, by administrator

A Fit for Purpose Risk System

Questions to ask regarding a fit-for-purpose risk management and reporting system The criteria for a fit-for-purpose risk management and reporting system come under three main headings – Comprehensiveness, Flexibility, and Appropriate Transparency. Comprehensiveness Any risk system that is fit for purpose must be comprehensive on a range of levels – strategies and instruments, risk […]

December 12, 2017, by administrator

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